Siam Commercial Bank Public Company Limited: Issuer Update

Siam Commercial Bank Public Company Limited: Semi annual update - Credit Opinion – 2017/11/03 – US$ 250.00 – ...Siam Commercial Bank Public Company Limited's (SCB) local- and foreign-currency bank deposit and senior unsecured debt ratings of Baa1 incorporate a one-notch uplift to the bank's baseline credit assessment (BCA) of baa2 to reflect our assumption of support from the Government of Thailand (Baa1 stable). The outlook on the long-term ratings is stable. SCB's baa2 BCA reflects the bank's (1) dominant position in the domestic banking system, particularly in the retail market; (2) stable asset quality; and (3) strong loss-absorbing buffers. The BCA also factors in the bank's vulnerabilities, including its exposure to the retail, and small and medium-sized enterprise (SME) segments, which have driven a moderate uptick in the formation of nonperforming loans (NPLs). Nevertheless, the asset-quality issues remain manageable and well within the bank's profit margins....

Siam Commercial Bank Public Company Limited: Key Facts and Statistics - H1 June 2017 - Issuer Profile – 2017/09/25 – US$ 200.00 – ...Siam Commercial Bank PCL (SCB) is a universal bank headquartered in Bangkok. It is the second-largest commercial bank in Thailand in terms of unconsolidated assets, as of 30 June 2017. As of that date, it reported total consolidated assets of THB3.0 trillion ($88.2 billion). SCB provides retail, corporate and institutional customers with a wide range of financial services, including retail, commercial and investment banking, asset management, treasury services. As of 30 June 2017, SCB distributed its products and services through a network of 1,170 branches in Thailand. The bank also has a presence in Cambodia, China, Hong Kong, Laos, Singapore, Vietnam and Myanmar. The oldest indigenous banking group in Thailand, SCB was established by the Thai royal family in 1906. Since 1976, it has been listed on the Stock Exchange of Thailand (ticker: SCB). As of 15 March 2017, SCB's largest shareholder was the Vayupak Mutual Fund 1, which held 23.1% of its total share capital....

Siam Commercial Bank Public Company Limited: Issuer Update - Credit Opinion – 2017/05/11 – US$ 250.00 – ...Siam Commercial Bank Public Company Limited's (SCB) local- and foreign-currency bank deposit ratings of Baa1 incorporate a one-notch uplift to its baseline credit assessment (BCA) of baa2 to reflect our assumption of support from the Thai government (Baa1 stable). The outlook on the long-term ratings is stable. SCB's baa2 BCA reflects the bank's (1) dominant position in the domestic banking system, particularly in the retail market; (2) stable asset quality; and (3) strong loss-absorbing buffers. The BCA also factors in the bank's vulnerabilities, including somewhat faster loan growth and its growing exposure to the retail and small-and medium enterprises (SME) segment which has driven a moderate uptick in the formation of nonperforming loans (NPLs). Nevertheless, the asset quality issues remain manageable and well within the bank's profit margins....

Siam Commercial Bank Public Company Limited: Issuer Update - Credit Opinion – 2016/11/10 – US$ 250.00 – ...Siam Commercial Bank Public Company Limited (SCB) local and foreign currency bank deposit rating of Baa1 incorporates its baseline credit assessment (BCA) of baa2, plus a one- notch uplift to reflect public support assumptions from the government. The outlook on the long-term ratings is stable. SCB's baseline credit assessment (BCA) of baa2 reflects (1) its dominant position in the domestic banking system, particularly in the retail market; (2) its stable asset quality; and (3) strong loss-absorbing buffers that support the bank's loss-absorption capacity. The BCA also factors in the bank's vulnerabilities, which include the bank's faster loan growth - loans grew annually on the average of 12% between FY2010 and FY2015, compared to 10% for the banking system average -- which has driven a moderate uptick in new non- performing loan (NPL) formation although the level remains manageable and well within the bank's profit margins....

Siam Commercial Bank PCL - Company Profile – 2016/08/03 – US$ 200.00

Siam Commercial Bank Public Company Limited - Credit Opinion – 2015/11/23 – US$ 250.00 – ...Category Moody's Rating Outlook Stable Bank Deposits Baa1/P-2 Baseline Credit Assessment baa2 Adjusted Baseline Credit Assessment baa2 Counterparty Risk Assessment Baa1(cr)/P- 2(cr) Senior Unsecured MTN (P)Baa1 Other Short Term (P)P-2 Siam Commercial Bank Public Co. (Cayman) Outlook Stable Senior Unsecured Baa1 Other Short Term (P)P-2 Siam Commercial Bank Public Co. (Hong Kong) Outlook Stable Counterparty Risk Assessment Baa1(cr)/P- 2(cr) Senior Unsecured Baa1 Other Short Term (P)P-2...

Siam Commercial Bank PCL - Company Profile – 2015/06/17 – US$ 200.00

Moody's affirms the ratings of all Thai banks; outlook stable - Rating Action – 2014/06/02 – US$ 180.00

Moody's: Outlook for Thailand's banking system remains stable - Announcement – 2014/05/07 – US$ 180.00

Moody's assigns A3 to Siam Commercial Bank's USD senior unsecured bond issuance - Rating Action – 2014/04/02 – US$ 180.00